Description
Upon purchasing this indicator, you will receive Alert Sound Maker ($146 worth) as a FREE gift.
Notice
- Calculate mode: OnBarClose only
- Trader manual: ready now
Overview
This NinjaTrader 8 divergence indicator recognizes divergence patterns based on swing-point analysis. For a swing to be detected, a delay of N bars is required. Therefore, divergence signals are delayed by N bars, where N = 3 by default for accurate identification (N is at least 1). However, this delay is not serious because a valid divergence has a long-term effect, often tens or hundreds of bars afterward.
How can we catch a swing high exactly at its peak?
Only after some more bars without further price increase can we know it is a swing high.
Here’s the reason behind the development of this robust NinjaTrader 8 divergence indicator:
Following the immense success of Divergence Engine$ in identifying REGULAR divergences…
And in response to the growing demand for an effective hidden divergence detector…
… We’ve created and introduced Divergence Hidden$ – an EXCEPTIONAL divergence indicator designed for NinjaTrader 8, specializing in detecting HIDDEN divergences that hint at potential trend continuations.
This serves as a VERSATILE solution for trading hidden divergences. These divergences are identified by comparing price movements with your choice of oscillator, whether it’s RSI, MACD, stochastic, or others. You can even combine Divergence Hidden$ with our free indicators or any pre-existing oscillators within NinjaTrader 8, regardless of their source. When you purchase this indicator, you’ll receive a Trader Manual with step-by-step instructions to assist you in configuring your preferred oscillator for divergence detection.
Our Divergence Hidden$ indicator, designed exclusively for NinjaTrader 8, excels at recognizing hidden divergences, which indicate potential trend continuations:
- Bullish hidden divergence: This pattern occurs when price action forms a higher low, while the oscillator forms a lower low.
- Bearish hidden divergence: This pattern occurs when price action forms a lower high, while the oscillator forms a higher high.
With its dedicated NinjaScript signals, Divergence Hidden$ can be employed in Market Analyzer to simultaneously scan multiple instruments, potentially encompassing dozens or even thousands of markets, all for identifying divergence signals. Just envision the time and effort it can save you when monitoring numerous markets and searching for profit opportunities arising from trend continuations.
The “Lookback” feature enables you to scan the 10 most recent swing points for divergence patterns. “Lookback” includes minimum and maximum definitions, allowing you to specify your preferred range. For instance, you may choose to scan for divergences based on a minimum of the three most recent swing points and a maximum of the five most recent swing points. The development of this feature required the implementation of a highly sophisticated algorithm.
Key features:
- Permit selection of ANY oscillator for identifying HIDDEN divergences.
- Enable adjustment of the vicinity around swing points for price and plotting.
- Provide the option to set the minimum and maximum swing points for lookback.
- Offer customization of the color and visibility of price/plot swing points.
- Allow for personalized styling of price/plot divergence lines.
- Enhance the chart background to emphasize divergence areas.
- Activate alerts upon the emergence of a divergence.
- Generate markers when a divergence becomes visible.
- Be fully NinjaScript compatible for advanced utilization, with no creative boundaries.
- Present dedicated NinjaScript signals for further customization options.
Alerts:
- Popup alert
- Sound alert (configurable rearm)
- Email alert (possibly configured as SMS alert)
- Message displayed in Alerts Log window
NinjaScript readiness:
- Can be used in HelloWin Backtest - our AMAZING backtesting software @ HelloWin.io
- Can be used in Market Analyzer
- Can be used in Strategy Builder
- Can be used in BloodHound
- Can be used in 3rd-party indicators, strategies, products
- Professional & clean signature for easy calling
Dedicated NinjaScript signals:
- Signal_Divergence: 1 = bullish divergence, -1 = bearish divergence, 0 = no divergence, 99 = both divergence
Compatibility:
- Instruments: futures, stocks, indices
- Interval types: timebased or non-timebased, standard or custom
- Chart styles: whatever
Usability:
- Ready to use out of the box
- Fully configurable & customizable with ease
Media
Installation
Please read Installation Guide for details.
Support
FREE support for life! Feel free to ask us anything, anytime.
On NinjaTrader 8, you even have access to our PRIORITY SUPPORT directly from charts.
Software upgrade
All software upgrades for NinjaTrader 7 are absolutely FREE of charge.
All software upgrades for NinjaTrader 8 are absolutely FREE of charge.
A one-time low fee may be required for an upgrade from NinjaTrader 7 to NinjaTrader 8.
Terms
ALL SALES ARE FINAL & NON-REFUNDABLE!
Because software products may be copied and stored easily, we will NOT issue refunds of any kind.
Software Changelog
NinjaTrader 8 version:
- 15 Dec 2020 – The indicator was re-exported to be compatible with recent changes of the platform.
- 30 Sep 2020 – Massive changes, fixes and improvements were made (DPI, display name, Z order, alert properties, marker string, chart info, property naming/positioning/grouping); alert popup was visually enhanced.
- 27 Mar 2020 – The indicator was released (build new).
